Dover (DOV) Shares Rally 16% YTD: What's Driving the Stock?
Dover(DOV) ZACKS·2024-06-10 17:45
Image Source: Zacks Investment Research Solid Booking Levels: DOV's bookings have been healthy across most segments. It recorded consecutive booking growth in the fourth quarter of 2023 and the first quarter of 2024. The company expects this trend to continue for the remainder of the year. This is being driven by strong demand across the majority of the company's business and its ability to produce and ship despite several operating challenges. It continues to execute restructuring programs to better align ...